The reason I thought about putting the other house (not the residence) in an LLC, at least any expense can be considered business expense. appreciate your input. 

Make sure to have a separate bank account for business transactions. 

Sorry, but these are the costs of doing business.

I did not know that most DSCR lenders don't prefer a business model aimed towards student renters.

The previous landlord had one for the property, obviously for his own business.  

They can be very busy these days...)

I'm also a newbie and not confident in evaluating projects and borrowers, so would prefer to partner and diversify.I'm looking at debt funds at crowd funders like Fundrise, as well as business development (BDC) ETFs like Ares, Blue Owl, Golub.

@Kristi TietzGator lending can be an excellent way to make extra money, but I agree with some others in here that it may be more of a business model for experienced investors.

1st you need your Seattle business license, then you need to get your RRIO, (the inspections are random and you'll be notified when youre required to do an inspection), after you get your Rental Registration application done, then you can apply for your STR license.

I don't have a current business relationship with the company..